Mortgage Foreclosure News
Foreclosure rates across the country are soaring, and that means a steady flow of new information, statistics, court decisions, legal actions, and possibly even new legislation relating to the mortgage industry and mortgage foreclosures. This page is continually updated with the latest information about foreclosure trends, the impact on property values in your area, legal decisions that may impact your own mortgage foreclosure situation, and more.
In Foreclosure? Know Your Voting Rights
Ohio Secretary of State reminds residents that they still have the right to vote if they are in mortgage foreclosure. Obama camp recently filed lawsuit to make sure everyone eligible in the country will be allowed to vote--regardless of the status of their mortgage payments.
A Frat House Filing
We know the mortgage foreclosure crisis is bad, but now it's hitting on frat boys?! Fraternity files for Chapter 11 bankruptcy protection to save their home from foreclosure.
The Fannie & Freddie Government Bailout
U.S. government just announced a federal bailout of failing mortgage giants Freddie Mac and Fannie Mae. What does this mean?
Unpaid Parking Ticket Results in Foreclosure
Can you really lose your home to foreclosure because of old parking tickets? A Milwaukee, Wisconsin man found out the hard way that it can actually happen.